TTEC Holdings Sees Q1 2024 Adj. EPS $0.25-$0.34 Vs $0.41 Est.; Revenue $559M-$569M Vs $593.940M Est.
Portfolio Pulse from Benzinga Newsdesk
TTEC Holdings has provided guidance for Q1 2024, projecting adjusted EPS to be between $0.25 and $0.34, which is below the estimated $0.41. Revenue is expected to be between $559M and $569M, also falling short of the estimated $593.940M.
February 29, 2024 | 9:32 pm
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TTEC Holdings projects lower-than-expected Q1 2024 earnings and revenue, with adjusted EPS between $0.25 and $0.34 versus the $0.41 estimate, and revenue between $559M and $569M against the $593.940M estimate.
The projected shortfall in both earnings per share (EPS) and revenue for TTEC Holdings in Q1 2024 compared to analyst estimates is likely to negatively impact investor sentiment and the stock price in the short term. Lower-than-expected financial forecasts can lead to decreased confidence in the company's performance, potentially resulting in a decline in stock value.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100